Consumer Cyclical Sector Review: Ralph Lauren Outlook, Monster High

Ralph Lauren Corp (NYSE:RL) said, “Due to the stronger-than-expected third quarter performance, the Company now expects consolidated revenues for Fiscal 2012 to increase by approximately 20 percent, which compares to a prior expectation of high-teens-to-low 20% growth. The Company has also raised its operating margin outlook for Fiscal 2012. The full year operating margin from continuing operations is now estimated to be approximately equivalent to or only slightly below the prior year period, which compares to a prior expectation of a 50 basis point decline. The full year Fiscal 2012 tax rate is currently estimated to be 34%.” Consensus for FY12 revenue is $6.8B.

The shares closed at $171.49, up $14.42, or 9.18%, on the day. Its market capitalization is $15.80 billion.

Mattel, Inc. (NASDAQ:MAT) and Universal Pictures announce a worldwide marketing and distribution alliance for the first ever feature-length DVDs from the hugely successful Monster High franchise. Monster High: Ghouls Rule! will be the first direct-to-DVD, CG-animated film to be released under this new partnership.

The shares closed at $19.91, up $1.45, or 7.85%, on the day. Its market capitalization is $7.17 billion.

The Jones Group Inc. (NYSE:JNY): CFO John T. McClain commented: “Our financial position remains strong. We ended the year with $239M in cash and our revolver undrawn. We are approaching our 2012 inventory commitments with a conservative, tightened buy plan, which is the same approach we had in 2011. With a focus on inventory management, expense control, and operational efficiencies, we believe we will continue to improve margins and maintain a strong balance sheet.”

The shares closed at $10.17, up $0.63, or 6.6%, on the day. Its market capitalization is $822.53 million.

Ford Motor Company (NYSE:F) is recalling more than 13,239 2011-2012 F-53 and F-59 stripped chassis that were built at its Detroit Chassis Plant. The “PRNDL” indicator cable may break at the attachment to the transmission control assembly mounted on the steering column. Ford said that it is not aware of any crashes or injuries related to the issue.

The shares closed at $12.84, down $0.04, or 0.31%, on the day. Its market capitalization is $48.79 billion.

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